See Home Value
$72,084*
House - Off Market

440 North Grant Avenue

Indianapolis, IN 46201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1479 Sqft
$70,000 - $80,000
Reference Base Price*
2.98%
Since Apr 1, 2022
National-US
Primary Model
Sold Feb 20, 2024
Transfer
$200,000 by Mmx Llc
Mortgage Due Feb 15, 2029
Sold Nov 30, 2023
Transfer

About This Property

INVESTOR ALERT!! Great fixer opportunity on this 2br/1ba ranch w/unfinished basement in Tuxedo Park on Indy's booming near eastside. Fix and rent or flip! Would be a perfect BRRRR candidate! Features of the home include open living & dining rooms w/ built-ins, good size kitchen w/laundry area, two bedrooms that share the full bath, large covered front porch and back patio, and more! Deep lot has room for a garage to be built. Many neighborhoods in the area are experiencing a ton of revitalization, so don't miss your opportunity! Fantastic location just minutes to all the best that downtown Indy has to offer (Bottleworks, Mass Ave, Lucas Oil, Gainsbridge Fieldhouse, etc).

The manager has listed the unit size as 1479 square feet.
Unit Size
1,479Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$47
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Mar 25, 2022 No longer available -
No longer available
Feb 20, 2022 In contract -
In contract
Feb 11, 2022 Listed $70,000
Listed
Sep 9, 2018 No longer available -
No longer available
May 9, 2018 Listed $69,900
Listed
Cute 2 bed 1 bath bungalow located about 10 mins from downtown! Relax in the sun room or in the back all seasons room. Basement could be used as additional bedroom or a nice (wo)man cave. Don't miss out on this fantastic property! The manager has listed the unit size as 1479 square feet.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 493
  • Garage Type: Detached
  • Garage Square Area: 144
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,479
  • Gross Building Area: 1,479
  • Building Area: 986
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 986
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TUXEDO PARK ADD
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TUXEDO PARK ADD L20 B7

Ownership

  • Current Owner : RUHL INVESTMENT GROUP LLC
  • Previous Owner : TERRA CAPITAL LLC
  • Owner Before Previous Owner: TERRA CAPITAL LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355100

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-D2
  • District: 0001
  • Section: 4015004
  • Parcel: 49-10-04-119-445.000-101
  • Block: 7
  • Lot: 20
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7744
  • Longitude: -86.0977

    Address

  • Full Address: 440 N Grant Ave
  • Address - House Number: 440
  • Street Direction: N
  • Address - Street Name: Grant
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 3660
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,479
  • Tax Year: 2022
  • Tax Amount: $2,074
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2581
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 174,920
  • High Value: 220,070
  • Low Value: 129,770

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: MMX LLC
  • First Open Lien Mortgage Recording Date: Feb 20, 2024
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Feb 15, 2029

    Market Valuation

  • Market Total Value: $84,200
  • Market Land Value: $7,300
  • Market Improvement Value: $76,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,200
  • Assessed Land Value: $7,300
  • Assessed Improvements Value: $76,900

    Sales

  • Current Sale Contract Date: Feb 13, 2024
  • Current Sale Recording Date: Feb 20, 2024
  • Current Sale Transaction ID: 11921399316
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 12352
  • Previous Sale Recording Date: Nov 30, 2023
  • Previous Sale Contract Date: Nov 23, 2023
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MMX LLC
  • First Mortgage Transaction Date: Feb 20, 2024
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Feb 15, 2029

    Financing

  • First Mortgage Financing Type: unknown



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
918 ft²
$82/ft²
$74,900 Jan 18, 2023
-
-

About Near Eastside


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Frequently Asked Questions

When was property at 440 North Grant Avenue built and last sold?
The property at 440 North Grant Avenue was built in 1925 and last sold on Feb 13, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 440 North Grant Avenue is $80,203.
What are some comparable homes to 440 North Grant Avenue?
There are currently no comparable homes to 440 North Grant Avenue.

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